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Occupy Wall St: Get Real or Go Home

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    Concrete proposals that Occupy Wall Street can claim victory on?

  • Duration 6:07
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And David -- a reporter for marketwatch.com.

You've got a very interesting article about Occupy Wall Street that's entitled get real or go home tell us about it.

-- -- -- -- -- I think -- Occupy Wall Street of course now it's on everybody's radar we've seen it on TV we've read about it in the Paper we we know there there there.

They're out there.

Protesting.

That the financial -- role in government.

It's another thing I've got her attention it took him about a month.

I think that they need to get some real concrete.

Proposals that they that they can actually claim victory.

I gotta -- stuff is of necessity means that they want -- -- Absolutely -- so far what we've gotten from them is that theory.

Idealistic list that really hasn't goals on there that that just aren't -- I mean.

You know you when you talk about eliminating all sovereign debt for all countries eliminating all consumer debt.

That's just not gonna happen so you know what I what I try to do is is go in two.

Their platform.

And pull some things out and say all right let's let's let's put this on -- scale.

-- mean we can actually make some of this stuff happened.

And so I talk about.

One year moratorium on foreclosures.

They've talked about how you know the banks got bailed out they've got bought time on on the taxpayer -- They talk about eliminating that the housing crisis is our biggest crisis right now.

So why don't we give people a year to get whatever they need to get together.

Whether that may -- go out and find a job.

You know take take care some debts restructured their mortgage let's just give everybody here.

-- to get their financial house in order and maybe stay at home.

Do you think this is it -- -- -- -- -- movement that actually could accomplish some things.

If they were more -- yes and absolutely direct answer to their press.

Absolutely you know there's been a lot of comparisons with the Tea Party and I think they're very different but one thing that the Tea Party was so good at.

Was that they had a very simple message that was.

Very clear and concrete and there was.

We want lower taxes and -- -- government spending.

And that's really -- that's that's the Tea Party in a nutshell everything sort of bridge -- there.

Occupy Wall Street it is kind of gone for this big if -- corporate and banking experience which is fine but but.

They need to come up with solutions we have enough people in this country right now.

Complaining.

You know so put something on the table that that will help the so called 99%.

Of Americans.

That you claim to represent.

Anyway thank -- well do you feel like they have -- victory with the recent reversal of Bank of America's debit card -- and now the other banks have said that they're not going to.

You know institute these -- as well that to me was a pretty significant first win for them yeah even though wasn't on there and they're little initial list.

Maybe it's time from the put down of John sticks and pick up some hands but I do you think that was a motivating factor.

Yeah and look I mean it's it's obvious President Obama has acknowledged them Republicans have acknowledge them.

They are definitely on the map.

And now is the time for their best and the brightest to come forward and say here's some things that we can do.

To close the income gap to help middle class Americans to help get young people who get out of college and got -- and done everything right have a bunch of student that.

To give them the opportunities that.

Their parents had.

Years ago so.

In -- I think they -- they want to.

They're looking for ways to sort of even the playing field.

-- increase a slight increase in the capital gains -- you know it's only 15%.

Think Wall Street bankers.

-- fund managers get that 15% tax rate while the rest of us pay a higher income tax rate.

Let's move that just a little bit higher maybe didn't.

Live.

Asking.

All of the work that they -- -- -- that they want.

-- -- -- -- to be tax lawyer and another victory just to point out and would love -- your thoughts on.

A few senators to -- today introduced a constitutional amendment to take away the Citizens United decision from the supreme runway.

And corporations won't be considered people as Mitt Romney if there's anything and clearly the Supreme Court.

-- -- -- Are these -- tiny action's going to lead to beat them being able to say victory.

Yeah we'll do it that good thing that's happening even without these specific proposals is that.

Legislators feel empowered to start introducing legislation.

That to.

They believe will help level the playing field when it comes to democracy in the Citizens United decision legislation is an excellent example of that in that.

Okay now we have some people who will back us.

Would there is a strong contingent out there political contingent people taking to the streets those -- votes as well.

So they know that they're not alone.

In doing these kinds of things -- maybe six months ago.

There wasn't any visible presence.

-- in the way that.

Would suggest to our congressman or senator to take that risk and put that legislation on the table.

So yes I think you're right.

But you know and I think that the movement itself needs to say we support.

Candidate to warrant campaign finance reform we support.

Candidates who want to increase taxes on the biggest.

Bags and funds on Wall Street.

We support.

You know are higher minimum wage for corporations with more than a billion dollars in annual revenues.

So it doesn't hurt small business and big companies that can afford higher wages will be required to it may.

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